Macao: Exchange rate regimes

The latest value from 2021 is 2 index points, an increase from index points in . In comparison, the world average is 5 index points, based on data from 186 countries. Historically, the average for Macao from 2021 to 2021 is 2 index points. The minimum value, 2 index points, was reached in 2021 while the maximum of 2 index points was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time. The value of that indicator for 2021 is 2 index points.

Definition: The data are from the IMF Annual Reports on Exchange Arrangements and Exchange Restrictions. A higher value of the index indicates more exchange rate flexibility: 1 = the country has no independent legal tender; 2 = currency board; 3 = conventional peg; 4 = target zone; 5 = crawling peg; 6 = other managed exchange rate regimes; 7 = floating regime. The IMF categorization does not include currency unions. Instead, it assigns to the member country the regime of the union it is a part of. For example, all EMU members are assigned a floating exchange rate regime. The data begin with the latest change of the IMF categorization in 2008.